Indraprastha Gas Limited (IGL) has hiked cooking gas (PNG) prices by Rs 2.63 per unit in Delhi and adjoining cities, citing an increase in input costs. It is the second time in less than two weeks that rates have increased.
Pipeline cooking gas in Delhi will now cost Rs 50.59 per standard cubic meter (SCM), up from the previous rate of Rs 47.96, while PNG in Noida, Greater Noida, and Ghaziabad will cost Rs 50.46 per SCM, in Gurugram it will be priced at Rs 48.79 per SCM.
The price hike comes after the government ordered the use of more expensive imported LNG to meet incremental demand.
State-owned GAIL will average the prices of locally produced gas with imported gas before supplying it to city gas retailers like IGL.